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NCERT Class 12 Reconstitution of a Partnership Firm: Retirement/Death of a Partner

This chapter explains the accounting treatment when a partner retires or passes away, including calculation of new profit sharing ratio, goodwill adjustment, revaluation of assets & liabilities, settlement of dues, and preparation of revised balance sheet. With clear formats and practical examples, students can easily understand partnership changes and prepare confidently for CBSE Board exams.

Reconstitution of a Partnership Firm: Retirement/Death of a Partner
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Get NCERT Solutions for Class 12 Accountancy – Reconstitution of a Partnership Firm: Retirement/Death of a Partner. Includes step-by-step explanations, goodwill treatment, revaluation accounts, capital adjustments, and solved questions based on the latest CBSE syllabus for strong board exam preparation.

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